The Sun. — London, England, 1826-10-04 00:00:00

Y. consented that his troops ehould live by pillage, and excited more and more the desperation of the Dutch. Charles IL borrowed money at 13 per cent., and sold the Vice-royalties of Peru and Mexico to support the war. This was when the Kings of Spain neVer saw the sun let in their dominions—when they were obeyed, withou a Murmur. What can they do now, when Spain is with Out - . colonies, withont inte rna l un i on , and garrisoned by French men ? I knOW very well how the expedition was formed which was destined against us, and which Was broken up at Cadiz in 1820. In it were employed the indemoities °procured from France,' the privy purse of the King, and the last resources of the state. Every thing was drained for money. Vessels are now wanting, the last rotten ones ' have been sent to the Havannale There are no arms, nor have the Spauiards any disposition to come and .die in these regions by the point of the lance, or the insalubrity of the climate. " ' It is not my intention to advise a reduetitm of our forces. , On the contrary, let us increase them by sea and laed, but not for the purpose of allowing them to lie idle, or 'to keep them in their quarters. Let us give such a bloW to this obstinate nation thf e t may make it tremble.-;-- Tis hope that she will make peace with us is to expect the Messiah—is to remain eternally armed. - Let us . oblige our enemy to yield inP: temerity and caprices. All Lump condennis her cesnduct. Not even the . Princes of the flonse of Botedion can approve of it. No nation has an in terest in the continuance of the war by ,Spain. The ge ' neral desire is for peace. Without. it commerce has not an uniform, course,' but is interrupted to the prejudice of industrisnis and trading nations. How different was the 1)00..ton of England when she recognized the independence o,t the United States. Let the wise English lead the blind 'Spaniards. a ' While she resists the mediation of the Powers which 'protect us, let her fruits :her commodities, and ever y pro duction of her soil or of her fabric be entirely prohibited. Let them be seized wherever they may he found, and let those lose their cargoes who may be convicted ssf having transgressed a law which we cannot rescind, Let the ma nufactures of Valencia and Barcelona be destroyed. Spain will not manufacture when she has no vent for her produc tions. Let Ferdinand VII. be persuaded that if the denial ' of his recognition compels us to incur frightful expences, by keeping us armed, he likewise destroys the remaining wealth of his wretched' kingdom, reeked by discord, and weighed down by the yoke of a foreign nation. • '" S If at any time he were accessible to miens ground ,ed upon rigorous justice_if he could persuade himself that he cannot recover what be cold not maintain—if he can be convinced that he does not possess in America either factions or points of support, then the sensible Ames' rime will express himself in a different way. We shall i never purchase our independence. The name of freed men excites our horror. We ate constituted ;Wm states;' , .possessing right s equa l to t h ose h e ld by EtkOpeans. W e have spontaneously united in socicss , and we are only suldect to those compacts whieh, In the exercise of our judgment, we have formed, if Ferdinand recognizes those rights—if be enters ism the generous reconeihation which , ia offered him, we shall forget the immense radamities which he has caused us, and the day M the peace will be . that of the most sincere union. It is only by violence, and in opposition to our eharaeteir, that we continue the war. We shall tefrainate it with the most lively pleasure, when we can obtain peace without dishonour. " 'But, gentlemen, this recognition is not the point which most interests us. Helfand was rich and victorious before she was recognized. The Swiss had formed al liinces with the Sovereigns of lurope 'before their 'hide ' pendence was acknowledged by the House of Austria.--s The existence of a State does not depend upon its recog nition—the latter ouly serves to open to It alliances. The being of a nation consists in its iateenal political Organiza tion. Let us hold t o those. rights which it is proper the whole world should show to us. Let us guard our honour. Let US not admit ffireiguers who do not come authorised in the regular diplornatte form. Let us not consent that there shall wave in our ports the flags of those kingdoms, or republics, which do not admit ours. • " ' Above all, let us form mm family. Let those names which distinguish partieulsr countries be merged in the .general name of brothers. Let Hs trade without obstacles. Let us go every where without prohibitions or restrictions. In no customshouse let American property be registered. Let us give to each other perpetual proofs of confidence, disintemsteduess, and true friendship. Let us form a body of rights which civilized nations may admire. In it let the ittjury offered to one State be considered as extended to . ' all ; as i n societies, that which is committed against an' individual, interests the rest of the republic. Let us solve the problem of what is the best Government. Ili ours, the individual enjoying the greatest quantity of good, doubtless has the 'fairest prospect of attaining to' the highest degree of happiness to which human nature is susceptible. "'And when our labours having been concluded, we shall retire to our homes, surrounded by our children, let arts take the most tender of them in our arms and' raise him in offering to the Supreme Being; our cheeks bathed with tears-let us make him, With innocent accenti, pronounce a thanksgiving for the immense benefits which we have received from his sovereign justice. Let the Greek cele brate his exploits when leasing Troy in ashes, but let the Representatives of the Republics of America glory in hav ing promulgated laws which secure a general peace with aWnations, and the int e r na l feli c ity o f th ose St a t es w hich will last for ages. - " ' Panama, June 22, 1826. " ' Ist of the Great American Diet. "'MANUEL DE VIDAURE."' RIO DE LA. PLATA AGRICULTURAL ASSOCIATION. A Meeting Of the'Shareholders of this Company was held yesterday, at 12 o'clock precisely, pursant to adver tisement, at the Crown and Anchor Tavern. Mr. Barber Beaumont took the chair, and when the business of the meeting commenced, there were about 20 persona present, including the directors, and exclusive of reporters. The directors. who attended were Sir John Ilarington, Sir George,Duckett, M. Murree°, and Mr. 0. D. Beaumont. Mr. BEausioNT regretted that, although every proper antblinal means, had been adopted to procure the attend ance6rd. shareholders, and all who had any interest in the association, so . iat t l , f number of persons were present. The r_ 6ll . °,.9c a rs n , i b w , teu re t r, ()pied a very small body, not Z e l ; L Z .l 7 ,l l ; mrco t y, p l erba . j li H e time of year was considered, gentlemen to be presentut,t/tticieiitle:Fw abefl-O7r7tletirni.umßbyertloitif deed constituting this no one %rho held less than ten shares had a right to vote 1 ' any of the meetings; pul die t inquiry but as this was a meeting for and explana tion, not o n ly all who held a single share, b who only held half a Share , had been invited iteven t t o atelLdone Peter Cott- individual to whom lie alluded was Ir. Pte rell, who, h e su pposed, had been heard of before by every person present; but he did not then see him in th e r oom . The direr tora were ready to make a full and candid expo sition of all that they had done. They had macle g reat exertions, exertions, and it they had not met with the succehe they had anticipated, it was from no lack of care or of pruden ce , Inu through ii succession of political and other events, over n iiiefi they had no emitroul. Mr. Peake, the aecre. tary, was now about to read to the meeting a statement of the aevinints, which he would follow tip by the report. lie had to state, by way of apology to the shareholders who night' bill c seen that report printed in the Morning Chronicle of to-day, and who had a right to expect that it should have been communicated to them before it was made public, that it was by a mere accident the report had so appeared. He sent a wet proof of the report last night tote editor of the Morning Chronicle, with an intimation (which must hive been overlooked) that it was not to up pear until after this day's meeting. Mr. PEAKE then read a statement of the accounts of the association, by which it appeared that the sum realized by the sale of shires, &c, amounted to 20,6344., while the ex penditure in carrying out emigrantsy and for the other pur poses of the association, amounted to 29,6001., leaving a balance of 344 in favour of the shareholders. the Secretary then read the report :•=-- ' Mr. BEAUMONT then rose, and said, that in addition to the statement which had been made in the report just read, he had to acquaint the meeting with some particulars, which, although they Might . not he necessary for the in formation of the shareholders and the public, appeared to him material, 'becatint they would explain the rise and pro gress of this association, and circumstances which h a d i n . timed him to mix himself up with a modern joint-stock company.. In the years 1817 and 1818 it would be recol lected that great distress had been experienced hy the working chtst6 of this country. He then interested him self With many others in looking into the causes of this dis ttess, and in relieving it 'in far its he could. The scenes which he then witnessed gave him such a notion of the extent and weight of! tb'e misery of these people as he had never be fore believed to exist. Having a consider-a* knoW,ledoa the countries bordering the Rio th 4 lltPliiklii klieW that they presented very extraordiYaq lid Vantages to industrious' and laborious Milkers. He knew that they might there ecanntind very high wages,and that the fertility of the country Would make those wages still more considerable. He saw a prospect of ensuring to such persons not only an ample and even profuse supply of food and the necessaries of life, but also tire means of acquiring independence and such a station in society as their labours entitled them to. He, therefore, conceived the design of enabling these people to obtain in the country to which he alluded, the advan tages which they could not acquire in this, in pursuance of this project, he applied to the Government authorities in South America, at first without success, but, encouraged by the information of persons resident there, he penes vered and 'represented the advantages which might ensue to - the State from transplanting thither a population of industrious Englishmen. ..Ultittiitely, Don Rivadavia in formed him that the CI-00=cm was favourable to his proposal, and arteWards, Mr. Lesica arrived here with offers extreinely advantageous to emigrants, and with a promise that any money which he might advance for the transporting them should be repaid to him. With this encouragement he ' immediately set to work.— At the beginning tit 1824, he had proceeded so far, that having pVepared a ship, and all that was necessary, he sent 2110 poofpeople from Glasgow, for the purpose of begin ning the settlement h e h a d projected. This intention was afterwards changed, by his finding in May, 1825, that a design was entertained by Messrs. Goldsmith and other gentlemen on the Stock Exchange, to purchase the lauds of Entre keg; for a purpose very similar to his own.— Then it Was, and for that reason only, that he was induced to propose 'a joint-stock company. Before that time he had held all those institutions in great dislike, and had re sisted applications, to the number of '2O, which had been made to 'him to become a director, and which, if he had accepted, would have put a fortune into his pocket. The Scheme was therefore brought out, and at first with every prospect of success, The great and insurmountable diffi culty, however, was the war ' • and he was ready to admit, that if it continued much longer, the provinces on the northern side of the Rio de la Plata must become a desert. No man under such circumstances would make great efforts to protect property which would certainly be taken from him, and the increase of the flocks was no longer attended to, because the country was overrun by a licentious sol diery. He wished to touch as lightly as possible on the conduct of the parties at Buenos Ayres, but this he must say, that the association bad not received from them the support to which it was entitled, as well regarding the in terests of those parties as their express promises. Such had been the Conduct of the persons who bad been sent out, that if the association was to go on, he should say the Directors never ought to send out another. Their him titiole, unreasonableness, and turbulence, exceeded all de svription, There were a few who appeared to be warmed with a proper sense of their duty to their benefactors, but the majority were decidedly the reverse. He wished to state for the information of the meeting, that the number of persons sent out by the association had been as follows: by the Pairlie, 200 ; by, the Harmony, 160 ; and by the Morley, 200; of which latter number 130 had returned, in consequence of the state in which they found the coun try. If there was any topic on which he had not touched; he was ready to give any information in his power. He saw that Mr. Peter Cottrell had now come inter the room, and he was ready to hear any thing he had to say, for the purpose of substantiating, if he, could, the calumnious state ments he had made before the Lord Mayor and elsewhere respecting the Directors. Mr. P. COTTRELL then rose and addressed the meeting.' He described the circumstances under which he hail been! induced to sail for Buenos Ayres, in the end of the year! 1824, in consequence of the advantages held out by the prOspectus of this company. The ship arrived at Buenos-' Ayres in December of that year: there was then no blockade. Why then had not the passengers been conveyed, amoral in to their agreement, to the lands which according to the prospeetus held out, had been already purchased for them? The real fact, however, was, that the directors had no land at all proVided : their agents acknowledgedas much before the British Consul. As to the ingratitude of people who received such treatment, what else ought Mr. Beaumont to expect, when these poor people were hunted like wild beasts under his new code of laws for settlers ? He went thus far to prove that there was no land provided, as they had been told in England. Mr. Beaumont's agents ad mitted this before the British Consul. Mr. Beaumont, in dt;ed, now said, that all this was false; but he (Mr. Cot trell) knew quite the contrary. Ought he not, therefore, under such circumstances, to he repaid, a part at least of what he had lost by the false description. His property had been seized and conveyed into Mr. Beaumont s store houses after he landed, and surely there should be some indemnity for treatment of that description. He was then adverting to the proceedings of some settlement at San Pedro, where the poor people were sent to labour without tools, and their diet, horse-flesh, when he was called to order by • Mr. BEAUMONT, who said—" What have we of this company to do with that •? Our attention is confined to 'titir own concerns. Why will you not bring the proof which you say you have of your charges ?" Mr. COTTRELL—YOU have said that you will deter mine the thing by. a law-suit, which you can 'stand better than I can: He then read a letter, Which, he Raid, ap peared in a newspaper of the 18th of April, 1826, and could be traced` to one of the directors 'of the company; in which it was said, that the association had been driven from the land, though it bad cost them 70,000 dollars. Mr. BEAustoNT.- , --But your charge, as I understand it, is, that we had no land at Entre Rios, nor a house, nor a head of cattle, nor any thing. Why not produce your promised proofs of this assertion ? Let us not hear a mere idle repetition of your story at the Mansion-house. Unless you now tender your proof, I shall in future call you a gross calumniator. Mr. COTTRIWL—Why, I have proved all this. Mr. BEAVUONT.—When or where have you , proved that we had not the land we represented ? Here are all the documents from the Spanish authorities to prove that we i l i :a tin dt sw his land, and they cannot be con troverted. of LT to a question put bye latter said, that he was Mr. Beaumont to a gen tortunate enough to't race M r . COttrell's place of resi th i!:;tin r an at th e endf the table, 4lenee in town. Mr. TI • • —EAU resienc, for the purpose movr--I have wished to find your place of i t ~„ at lieoffee e i pureose of serving a process. You gave knew nothing.4lolP in Oxford -street, but the people there further to Say re4)ac Y t Tl• Have you, however, anything Mr. COTTREL) i Tg your own case ? no value, you oug h t to av r i e li r g t had my money, and given me trice producei Mr. MARRECO--Why Z t "„ l , l „ L gi „ Mr. COTTRELL—.I contract with me remains unful fi ne e nts to show that your • -ed of the lands. 1 - possessed have - d r - --"ee your proofs and that nobody is Mr. MittutEco—Where is it ? enough of proof. You were . called upon to produce them here: why (10 u lix r, you not M r, LAT* ThELL—The letter sent to me geld nothltig of documents ; it was merely a summons to amid. Sir. J: HARINGTOSi — Pray are you not an officer under the Buenos-Ayres Government ? Mr. Corram—What has that to do with thisbusiness? Sir J. HARINGTON—What objection have you to an swer ? Mr. COTTRELL- - -I WWI in their service, but I af terwards wrote to resign: I entered the service on the 16th March, 1826, and I have since resigned: . Sir J. HARINGTON-15 that. assertion as true as the rest you have made ?, Mr. CfirrnELL—The Whole is true. Mr. BEAVAIONT—EaVe you any more td say P Mr. Col% m ftELL' BtAutioNT then said, that with the leave of the com pany, he would reply to Mr. Cottrell, particularly to the exhibition which he had made at the Mansion-house: This man's first assertion before the Lord Mayor was, that they, the company, had realiied efiertikius sums by the delusion. Nowthq fatt was, that the company had neve r realized a Single shilling. Mr. CovraELL—l did not pretend to say the share holders did—but you and the directors did. Mr. BEAUAIONT7—YOU are a pretty sort of fellow tp be a Brazilian officer. He proceeded to state, that the direc tors had not up to this day realized one single shilling for their shares. He Saw Colonel Nugent in the room, and that gentleman knew he dissuaded Ifim from sending out a relative : there were many anxious to go who were reared to better indulgences than a new settlement was at first calculated to afford, and lie had advised all such to keep their money, and wait awhil e . Colonel NUGENT corroborated this fact, Mr. BEAUMONT resumed, and said, that another of Mr. Cottrell's assertions was equally untrue. He had stated that the people were landed without the means of subsist ence, and handed over as redemptionists or slaves. Now, none had been so disposed of. His orders to the agents were, that if any of the settlers wished to abandon the un dertaking, they were to be allowed to do so, and pursue any other, occupation, upon their own simple undertaking of repaying their passage-money. But what proof was there that the agents bound them as redemptionists ? He disbelieved the whole story; and as to Mr. Cottrell's as sertion, that his property was seized by his order, he really had not till lately ever heard of his name—he was one of 400 or 500 who went without being taken any particular notice of. Mr. Cottrell had indeed complained dreadfully of the treatment which he had received from every body, at Buenos Ayres; and to this all he could say in reply was, that if his conduct there was like his conduct here, the only wonder was how he got home with a head on his shoulders. Mr. COTTRELL-1 know that this company originated at a dinner party between Mr. Beaumont and some Spa niards, whom he (Mr. Cottrell) named. Mr. BEAUMONT declared that he had never had the pleasure of dining with these gentlemen, and he again called for the proof—the charge was from beginning to end absurd. Mr. CorrE.ELL—The greatest absurdity was my pay ing away my money. Mr. BEAUMONT said all he knew of Mr. Cottrell was, that when he'returned from Buenos Ayres, he had applied to him by letter for a passage out for his wife. He (Mr. Beaumont) did not think proper to comply with this re quest, because the company thought it advisable at the time not to send out any more settlers, till they heard farther. Mr. Cottrell represented himself as an officer in the Buenos Ayres service, on leave upon a furlough, and upon half-pay, from an accident to his right arm. He went out as a carpenter, and probably could not work on account of the accident—the same cause perhapt4 prevented him from being useful as a soldier. All this time, how ever, not one word did Mr. Cottrell say about compensa tion. Subsequently he said, that as he had paid up the full 1001. on his share,: 101. being all that was strictly required, and as he was nut going to participate in the ultimate profit which was held out to those who paid in foil at once, he thought it only equitable that he should be paid back the sum he had advanced over and above the ge neral class of shareholders. As Mr. C. was engaged in pur chasing the share conjointly with his brother, he was entitled ton moiety, and la being the deposit in the ordinary way, .51. was deducted for his half, and he was repaid the balance of 454 It was not till after that had taken place, Mr. Cot trell began to complain. He then put in some claims for brick-work, &c.; bathe was distinctly told, that not one shilling would be given to him by way . of compensation, and that what he received wits solely given as a return of the portion of his investment, which he did not intend to leave as he had himself proposed. It was after all this, that' he resorted to threatening letters, just as the Thurtells had done, which he (Mr. Beaumont) disregarded, and would take the proper means to correct. .Mr. NORTMIOUSE pronounced a high eulogium upon Mr. Beaumont. He knew that great attention had been paid to the wants of the settlers who had sailed from Glasgow.' Mr. Coinain.L—Then pay me back my money. On the motion of Sir JOHN lIARINGTON, the report read to the meeting was received and adopted. The Ho-: nourabie Baronet, as well as the gentleman who seconded' his motion, paid .the highest personal compliments to Mr. Beaumont; and Mr. Marreco said that the directors would still remain at their post, to superintend gratuitously the business of this company, and see what was best to be done. Thanks were then specifically voted to Mr. Beaumont and the directors. Mr. BARBER BEAUMONT rOSC to return thanks. Why was his name to be mixed up, as it had lately been f in The Times newspaper, with dealers in shares and joint stock companiei, while he had never, in fact, been connected with either the one or the other ? Was not this conduct very extraordinary on the part of that newspaper, and was it not still more extraordinarT that they should do so, after the son of the principal Editor [he corrected himself after wards, and said he meant the son of Mr.. Carden who ap peared in the records of the Stamp-office to be a principal proprietor] of that paper, applied to him, soliciting his name and assistance to two projects for joint stock companies; one of which was for a public burial-ground, and the other for a company of undertakers, and both of which he (Mr. B.) re fused ? He had thegreatest respect for the ability which dis tinguished The Times,aad beknew the power which it pos sessed. 'lt was for both these reasons that he was induced to notice in this public manner, the use that had been made of his name,. and to d en y t h e charges which it had at tempted to bring against him. It was well known that people were not alluded to tn this manner but for the pur pose of degrading them, and there could be no other mean ing in the paragraph he had read, than an imputation that he had done ill, and had ma d e r epresentations for the pur pose of misleading the public. While, however, he was noticing the attack made on him by The Times, he must observe that that Journal had had a great share in produc ing the public feeling respecting joint stock companies and shares. Among the yell first of these schemes was the Alliance Insurance Company, which was pro moted by that Journal in several articles, Mr. Beau mont here read the following extract from The nmee of the 28th of February A new Insurance Company is about to be formed, at th e head of which: will be one of the first capitalists in the city. • It will be one of the ad vantages of this institution, that, : through the influenc e and connexions of the house in q uestion with th e Conti.,! nent, and the gene ra l peace l ik e l y to prevail, it will be enabled to extend its Operat i ons gradually over the whole of Europe. The details of the plan, which only tran spired a few days ago„ have not yet been arranged. The gentleman :who originated it has received tenders of ca-, 1 petal to an almost unlimited amountY This was followed up on the 15th of Ma rc h i n t h e s ame year, by an intima tion that " The shares in the new Insurance Company are already at a premium of 101., and numerous orders have been received from the Continent, particularly from Germany." Then, on the 18th of March follow ing, there appeared a very leading article, which was beaded in large letters, " Alliance Assurance Company. Ought The Times, after having taken pains. to write the public opinion in favour of this Joint-Stock Company, to hold him (Mr. Deaumont) up as person concerned in such companies, and to impute to him as a discreditable cir cumstance, that which he'had not done, but which they had ? This, however, was not all : for in the list of prices of stocks, for many months after the first of these articles appeared, the price of shares .in the Alliance Company was inserted, not as an advertisement —not with that word prefixed demoting that it clime in the way of,business ; and thus The Times did for this company that which had never been done for any other insurance company what ever. He had therefore a right to say that The Times had assisted in producing and in keeping up the• public feeling for joint-stock companies; and if now it wanted to redeem the mischief that had been done, it ought not to effect that object by attacking persons whose hands were clean. He repeated his thanks to the meeting, and de clared the business for which it was assembled to be eon. eluded. MEDWAY LIME AND COKE COMPANY. Yesterday a Meeting of the Shareholders in this Com pany, took place at Batson's Coffee-house, William Clark, Esq. in the Ch air. The CHAIRMAN stated, that he had called together this Meeting at the solicitation of several Shareholders, who were severe sufferers by the system of fraud practised in it. A person named Andrews was the owner of a stnall pro perty near Rochester, on which he had a limekiln. Hav ing occasion for an advance of money, he applied to the British Annuity Company in 1825, for the loan of 1,800/. RS he (Mr. Clark) was informed. That Company sent a surveyor down to examine the property, who reported it worth 1,500/., and upon his recommendation advanced 1,000/., taking the title deeds as their security. At that time Mr. John Wilks, jun. was solicitor to the British An nuity. Company, and he became in consequence acquainted with Andrews. Andrews understanding that Wilks was a capital hand' at forming a Joint Stock Company, applied to him to make a Joint Stock Company of the estate at Rochester. Wilks agreed, in case he should stfcceed in forming the thing, to be a purchaser of the free.; I hold at 2,000/. Now Wilks made his arrangements that I some of the Directorti in the British Annuity Company should be Directors in this new Company (alaugh),which he immediately set about establishing. Those Directors . were of course aware of the value of the property upon which they had already advanced money; and yet, with this knowledge, they voted the sum of 5,100/. for it to Mr. Wilks, who thus calculated upon a pretty fair profit upon his bargain. It had been said that it was fair to purchase with one hand and sell with the other. So it, was in any honourable transaction in which the possible advantages were proportioned to the hazard, and a fair contract with regard to all concerned WllB made ; but when a man set about forming a Joint Stock Company for the purpose of delusion—for the purpose of aggrandizing himself at the expellee of the public, he was chargeable with deliberate and desperate fraud, to all intents and purposes (cheers.) The whole of the circumstances he, had mentioned took place very close upon each other's heels. The money was advanced to Andrews on the 18th of February, 1825; in twenty days afterwards the Company was formed, the necessary timeior organization having elapsed. One part of the arrangement was, that -Andrews was to be superintendent of the works. This appointmen‘the appointment of officers, the election of Directors, the sale of the estate to Wilke, and by him to the Com pany, took place within a month. Mr. Peter Moore was the Chairman (loud laughter), and Mr. Barrett, M.P., Mr. Denys, Mr. Surteis, and Mr..lones, who were Directors in the British' An n uity Company, were the Directors of the New Association—(continued laughter at the mention of the names, which are most of them well known in bub bles).—There were other circumstances equally remarka ble. Andrews had declared that the value of the property would ho greatly enhanced if some new kilns were built upon it, Or other purchases made of the adjacent land ; and that for 80004 more a very prosperous concern might be established. It was, however, thought by one, that a cap. pital of 10,0001. would be very small for a Joint Stock Company, and would, never operate properly with the public. This argument took, and the capital of 100,000/. was forthwith entered in the prospectus as the sum upon which they were to work the concern- , -(laughter).—Mr. Clark then, after some observations upon the general con duct of the Directors, stated that they had dared to forfeit the shares of the proprietors under the most cruel circum stances. He instanced the ease of a servant who had em barked 2001. in shares, which, as the poor man was unable to pay one of the calls upon them, made for the purpose of pressing the delusion further, were declared forfeited. Dr. MITCHELL (the accountant to the Company) : What was the name of the person ? Mr. CLARK did not know.—A voice : " It is a lie." Mr. CLARK would be glad to hear the main facts dis puted. The sum to be paid to Mr. Andrews for the pro perty was 2,0001. and the sum advanced by the British Annuity Company 1,000/. Mr. Wilke, who was to re ceive 5,0001., was under an engagement to redeem the 1,000/. for that Company. It happened that a disagree ment took place amongst the Directors, and they deter mined that 179 shares which Wks had, should be for feited, in consideration of the 1,000/. which he'had under taken to redeem. This was like compounding felony; , fraud had been contemplated from the commencement, and all set their heads together, in order to get out of the scrape. He had been informed that Andrews had receiv ed 250/. a year as superintendent, and that the unfortunate man's disappointment had brought on a course of anxieties which produced paralysis, and reduced him to the state of an idiot. This was one of the consequences of the blessed system of Company-making. It was impossible that the expensive establishment of this Company could be supported by the profits derivable from so small a ca pital—it was impossible that such a thing could be kept alive for any other pui•pose than private gain.--(Cheers.) It might be thought that his observations were levelled apinst Wilke; this was not the ease • he considered the directors as culpable as that person. Mr. C. then alluded T o m the a s i pe s e , c ash Moore in f avour o f j o i nt stoc k pne delivered in the House of Commons ( o it f seasM r. P in 1825, and asked whether any one possessed of such knowledge of the' intentions of those concerned in such companies as that gentleman possessed at that time did not deserve to be hooted ? Mr. Clark assured the meeting that he had done every thing to prevent the necessity of exposure in this case. He had seen papers stating, that Andrews had not been paid ; that the money advanced by .the British Annuity Company never had been redeemed ; that the title deeds of the Company were not in the hands of the Company, and had never been made over to the Company, or if they were, the transfer was not a bona fide transfer. Mr. HAY—Is the Mr. Kershaw, whose name appeared in the prospectus, the gentleman who, with tears in his eyes, said that he had in his possession 900/. of the Corn wall and Devon Minitig Company'.s money, which did not belong to him ?--(A. laugh).—Cries of " The sam e , t h e same. ma y have had under similar circum ------ Mr. HAY—Perhaps he can produce some hundreds of . in answer to $ question from a shareholder, stanceso' lr rrionfL, ( A bi vh ug ic h h te h r e .) . Mr. CLARK--b there any body here who is disposed to shares had been issued, of which the Direc tors the Directors ?-7Nobody answered. - t s o ai r Mc i l i r i t . e iu t l a Ct i l i e ° 7B 4 o3 for thqmselves. The Directors, to keep Market, purchased nitrite up which they 160 shares, rice of:the shares in the agnudetnhtieKpey compelled Mr. Wilks to relinquish his shares, upon which 2,.5351. was paid, inasmuch as he had received too much for the Rochester Lime Kiln. This was an ac knowledgment that they had previously acted impro perly in paying the sum of .5,1001. to Wilk: for the pro perty. Ile asked whether the Directors had paid all the calls upon their shares ? Dr. MITCHELL said they did hold those 803 shares.— They took them, but they had forfeited them. With re- 4 V g speet to Mr. Andrews, the Directors were guilty fir no in humanity to him. Mr. CLARK—I di4 not accuse the. Directors. I accused Mr. Si/lks of inhimanity. • Dr. MITCHELL said, that Mr.. Andrews had, lie under stood, been frequently attacked by paralysis before he sold the estate, and he declared, that when that gentleman was incapable of performing the duties of superintendent, his son-in-law was appointed to the situation, and );ow actu ally held it. A Shareholder—How can this little co , nffmd to pay Directors about 1,6001. a-year ? Dr. MITCHELL—They have not received a farthing this year. A Shareholder—How much did they receive of our money before this year ?—(A laugh.) Another SHAREHOLDER. — You say our shares are worth two-fifths of the original price. Will you buy mine st that rate ?—(Laughter.) Dr. MITCHELL.—My poverty. may prevent me from doing with my Money what I should wish to do, with view to my future advantage.—(Laughter.) • A third SHAREHOLDER.—I have got 100 shares, rt give them .to you at that rate, and take away another sixth. A fourth.—lt is ridiculous to carry on so extravagant an establishment in so small a concern. ' Look at the offices in King's Arms-yard, and the multitude of persons to be paid. Dr. MITCHELL.—The utmost economy pervades the establishment, which is about to be removed to Black friars. i i i i a dt itE y._ tot.. vv nE h a en . sur A m ely i B .. , Doctor.--(Loud — t T h e l o a laughter.) Ors forfeited shares, it was evident they never. thought the tli Cn eir ril ailinvi ; worth anything. Dr. MITCHELL said it had been mentioned that the Com pany had no legal claim to the estate. He would ant saY a word about Air. Wilks, as that gentleman Ws s deter mined to make fresh attacks every day, and_ probably would have him (Dr. Mitchell) before the Lord Marl. to morrow, if he did. heirteOeert.ld Bailey y o u mu g s ow • A SHAREHOLDER: he nor the Directors hart any cause to find fault with you to- day, at any. rate. A new DIRECTOR of the Company stated that he er e , unfortunately a sufferer to a great extent ; he was, lie .; lieved, by 1,000/. a greater sufferer than any other man the room. The moment he became a Director, Wilks_ re tired from the Company, saying,.he Would not sit "1001. same table with him.—(Laughter.)—He found that 5, had been given for a property, of which the ComPanY had not received the title-deeds; and that the Direct°llltation kept 1,000 shares open for themselves, in th e expec_ d that they would become profitable in the market. He umnicate with him. got into had A SHAREHoLDER.—Upon my word, you company. advised the old Directors to admit 51r. Clark, and com -11 indebted to eve D r l g n o E t cir n o t :..-1 assure you it is the only " ComPa"Y " I Mr. CLARK said, the shareholders Were a ethitieidid Director comuiun fo ica r thiots.eff(Hiftes wfoirshtehdeitroaudnvosinvtawgbee,twendr old Directors had paid all their instalments on the e they had taken ? The Director said they had not. Dire ctors Mr. CLARK—How much had the ot h er on the shares which were forfeited ? ' DIRECTOR—OnIy one pound.—(Laughter.) „old Mr. CLARK said, that all that had been state'', the iniquity of the delusion beyond all doubt.. mi ke by A SHAREHOLDER—How much did Mr. Witks the sale of the estate ? A Voice—Between 2,000/. and 3,000/. I Oa Dr. MITCHELL—No; he got no more than about , the A SHAREHOLIMR—What was his hill of costs t 6 21( The fo t i h ß e E :A — 0 f COMparty. sta id bt r H th is e : ju rs b t bl b e il A l et T an s his about 170/. Act to amend it. He had divided the expense f Mr. CLARK—The bills put me . in mind of biL f e 7, 0 ° four companies, each of which he charged 50 git , i t ; The Welch Iron and Coal Company was one , t ilu This Peter Moore sanctioned the charge.—(Laughter.)"' Company was charged also, but would not pay • sty There, was here some conversation about the prePr the of appointing a Committee to investigate the affairs?: to Company, but the meeting came to the Melvin° i n l i n g adjourn till a future period, for. the purposes of ntits i more information. Thanks being voted to the Chairman , thamestilifin f rated. cue"-be -wiLen. FRENCH PAPERS. (From the Etoile of Monday.) rA tUro t°- PAKIS. Oct. I.—While the Journal die D - have day plans for a camp a i g n for Russia against ths Port*? 100,0.• the following acc o unt s in the German Papers received /''' ing at Paris - : . rem V p i ta lN ry NA l:a B n z n rT er . 1 2 iy 3.— Ru P ss e° ia, ple th ferences at Akertnann will lead to a satisfactory result. It i 11 ";, probable that the Porte will accede to the demands made in.rer;t, Constantinople, it has sustained a considerable loop ti° d a ' . They like to expose itself to the uncertain chances of the Mat% , te i y write from Russia that the Coronation NV w is ii ' defin' at arse adjourned. '0 th at , _I LAIVSTANTISOPLE, A U°' 29.—1 t is considered as " ri b l a , 't r io M. Itlirtziacky has at length succeeded in pen s lug the t' Effendi to send to Akermann more extensive instruat"' D .:?, -° l°Arti rg a final arrangement with Russia . It is even ..id tho ..; bearing these instructions set out about the 16th At'gi"'boe rot iv F: d tou f visa Pal:Wima! D etlilbilious views of Russia. or atttssia, AUG. 1.....:Wd:0(14 S kerThallroin.good :authority, news reopee tinf the . I ' o ' l , within 5 fixed time, n, the conclusion of which Russia hie r e q, a ., ll leo efe n r me, and this news is such fad l e ' -'1" --. u cannot clin g the g the friends of peace, and to make Europe tor "sr aeremoc :env so inc a e : here that the, to:, During the stay of the Duke of Wellington - : e „ od t' s zi,l h uo o lt) k t i yu ld ireel p db re u t t e wn n lev d essn to tot ai he i d it ite l w ci oos ue pat an agreement was made between the Cabinets of 1. 11- • after „, d Ballo Petersburgh, to which those of Paris, V 411 ° 3 ! - ' tonne ease wards acceded, by which it was arranged that in the ex tonne of a military demonstration, Done of the Courts sleie-terford to in oecuPY' acccept the Russian ult imatum, Russia .w,Suld threaten - -- , tiro for temporarily, Moldavia and Wallachia, till it received ot itis ; 00 1 I th el a e t o t f h A e its demands, approved by all the Powers of EuroPe%.,,se much r serious t f i resi t o e irretso : tthldrie y naotst. l t f h t ere l t i j e Yc i. P o kt ren uhriet .A. cte_ on tileb tio u lud il o gi'h i )t o l uneasiness. An energetic menace on the part of Buseie„ wu rto does pear the less strange, as experience has proved that the sD. A telegraphic despatch, dated Bordeaux, Sept. 3 s.' an d of th e board. to It is e . ' il kwri on thiMe'2fro9thminititahedeevjean7iet:,°'uairtrhivßaroed 'n ut ' '-'" il.r°llabt°l6° A letter from Constantinople, of the 6th Sept., 'the rtells" tip:tilted that the late fire destroyed 25,000 hoots _,..' " to o lose :quarter. The estimate is probably exaggerated, end 7 ,, S Is estimated at three hundred millions of piastres. 5 . lilts directed the efforts to extinguish it with Turks affirm that not more than 500 men perished. whirs, hove Yasse (Moldavia), Sere. 10.—The embauktnents ._ ..4) , 0 been forming for some years on the Moldavian territorPZ,b ma the banks of the Bucovina and the Pruth (the course °1 . 70,0 0 ' g rest earl! been materially changed by late fl oods), have induced gr: b i g' s dar to send his Herman to the frontiers, in order to l„. not or faithful account of what is going on. On his return thePo7Rs intimated his intention of applying fora Commission clans and Austrians, to point out the ancient bahruderr i t he , Russian Consul to leave off desolating tilese . counir!_ e _ l , to his harassing measures, has kept his word, and furnisortlireo, The Prince having promised to the Turkish F..y.r_ 4 1 1 :,, ‘ hill Major-domo 5,000 piastres to pay for every thing he "q v _it heir The Turkish Plenipotentiaries , patience the instructions which they have requested r ho t the Court. Five Tartars have been sent to Constantinole, _. to out hoP" first only has returned. On quitting " Tardy they held od ____ sb i o . the Hospodar of his rola obtaining possession r liggi'f inc ely They continue to make large quantities of biscuit in the Pr,iitoy and onside:able sums of mow have been mid into th t l i t w o l s o i nd chest of Kichenow for ths intheietertue of th e truD r a al it is said, await with_broco their